The MONTHLY PRODUCTION FIGURES for TSH obtained in MalaysiaStock.Biz is only taking for Malaysia operation, anyone have any idea where to get the complete picture? As majority of the revenue/profit of the company are generated from Indonesia operation, it is important also to see this part...
We refer to our announcement dated 26 August 2020. Unless otherwise defined, the definitions set out in the previous announcement shall have the same meanings in this announcement.
TSH wishes to announce that the parties to the CSPAs had on 25 November 2020, vide letters of extension agreed that the prescribed period for the fulfilment and/or satisfaction of the conditions precedent under the CSPAs be extended from 4 months to 6 months from the date of the CSPAs and such other further extension as the parties may agree in writing.
Director { Tan Aik Pen} slowly accumulating. TSH maybe ripe for a takeove bid. Tan Aik Pen only hold app 14% with related friendly parties another 5%. Relative small percentage with current bull run in palm prices { potential for other planter's or hedge funds making a bid}
EPF disposed 7 million shares in December thru external fund managers { various block of shares } taken up by other different unnamed parties } interesting ?
One of the planter with least drop in FFB production in Q4 vs Q3 = -9%. Other planter drop by 12% to 37%. But average CPO price increased by 21% in Q4 vs Q3.
TSH monthly production announcements for Nov and Dec are very poor, wonder why? I sent an email seeking clarification with no reply and sold my shares. Luckily no reply and sell at higher prices?
TSH’s plantations are all in Indonesia and negligible in Malaysia. As such TSH results will always be affected by the usd/IDR rates . For 4q2020, there shall be handsome forex gain as IDR strengthened about 7% over the place after qtr.
downtrend though good result & gearing is improving, and CPO price is still well above RM3k/mt vs RM2.7k/mt used by HLIB to reach TP138 in Jan, any one mind to shed some lights?
larger and smaller plantation companies have adopted the MSPO standard, the MPOB still has challenges when it comes to onboarding more smallholders to the standard. Rafizah added that from a government and regulator perspective, there is a focus in place to get more smallholders certified under the scheme.
MPOB has offices all over Malaysia in all regions to talk to the smallholders, to train them, to give an understanding in terms of MSPO and its requirements and to guide them in getting certified.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
tamizy
47 posts
Posted by tamizy > 2020-12-18 10:22 | Report Abuse
big volume today...